Weekly Futures Recap With Mike Seery

Posted on by The INO.com Team

We've asked Michael Seery of SEERYFUTURES.COM to give our INO readers a weekly recap of the Futures market. He has been Senior Analyst for close to 15 years and has extensive knowledge of all of the commodity and option markets.

Michael frequently appears on multiple business networks including Bloomberg news, Fox Business, CNBC Worldwide, CNN Business, and Bloomberg TV. He is also a guest on First Business, which is a national and internationally syndicated business show.

Gold Futures

Gold futures in the April contract settled last Friday in New York at 1,196 an ounce while currently trading at 1,202 up about $6 for the trading week still hovering right near a 7 week high as I'm currently sitting on the sidelines as I'm involved in other precious metals that have also broken out. Gold prices are trading above their 20 day but still below their 100-day moving average having a nice rally in recent weeks despite the fact that the U.S dollar remains strong as I am bullish the commodity markets in general and at present I am recommending bullish positions in silver and copper as I don't want to be overloaded all in one sector as that is poor risk management in my opinion. Continue reading "Weekly Futures Recap With Mike Seery" →

Stocks Rise As Trump Takes Office

Posted on by The INO.com Team

Hello MarketClub members everywhere. Stocks are trading higher today as all eyes turned to Washington for Donald Trump's inauguration.

The Dow gained more than 100 points before sliding lower as Trump took office, with The Procter & Gamble Company (NYSE:PG) and International Business Machines Corporation (NYSE:IBM) contributing the most gains.

The broader stock market had rallied significantly since Trump's victory on the hopes of more government spending, lower corporate taxes and deregulation of some sectors. However, stocks have traded mostly sideways for the past month as investors look for more details about Trump's proposed policies. Which trend will prevail in the long-run?

MarketClub's Mid-day Market Report

Key levels to watch next week: Continue reading "Stocks Rise As Trump Takes Office" →

Are You Ready For The Next Mortgage Crisis?

Posted on by George Yacik

George Yacik - INO.com Contributor - Fed & Interest Rates


As an avid observer of the U.S. residential mortgage scene, I couldn’t help but take a keen interest in one of the lead articles in the Wall Street Journal on Thursday. The article was headlined, “The Mortgage Market’s $1 Trillion Pocket of Worry.”

According to the article, bonds backed by “certain risky single-family mortgages topped $1 trillion for the first time in November.” I wasn’t sure what “certain risky” mortgages they were talking about, so I read on. It turns out they are mortgages insured by the Federal Housing Administration (i.e., taxpayers) which, as the Journal noted, “typically go to borrowers with small down payments and lower credit scores.”

While I certainly know what FHA mortgages are, who they go to, and that their market share has been growing sharply since the mortgage meltdown eight years ago, the Journal article was useful in telling a wider audience about yet another government financial crisis in the making. But the article largely skated over another fairly important aspect of the story. Continue reading "Are You Ready For The Next Mortgage Crisis?" →

Profit From Dispensaries With A Micro-Cap Up 218% In 12 Months

Posted on by The INO.com Team

Analysis originally distributed on January 11, 2017 By: Michael Vodicka of Cannabis Stock Trades

Dispensaries are staples of the cannabis industry.

This is where customers go to buy medical and recreational cannabis. Without these key players, there would be no retail outlet for cannabis consumers. After all, Wal-Mart isn’t carrying anyone’s favorite line of Kush. Not yet at least.

While dispensaries are important and highly visible in the distribution channel, they are also turning out to be one of the most profitable sub industries in the cannabis sector.

Dispensaries on the whole are doing well. And awesome in some cases.

According to a report from Marijuana Business Daily in mid-2016, almost 90% of cannabis dispensaries are profitable or breaking even. Take a look at the chart below.

90% of cannabis dispensaries are profitable
Chart courtesy of Marijuana Business Daily

What you can also see is that from the five cannabis sub-industries – dispensaries rank near the top in percent of profitable companies. Continue reading "Profit From Dispensaries With A Micro-Cap Up 218% In 12 Months" →

Analysts' Upgrades For Disney Are A Little Late

Posted on by Noah Kiedrowski

Noah Kiedrowski - INO.com Contributor - Biotech


Introduction

Recently, The Walt Disney Company (NYSE:DIS) has been on a sustained uptrend moving from $90 in October of 2016 to $109 as of mid-January 2017, logging a solid 21% gain in the process. I wrote several pieces on Disney when the stock was trading in the range of $89-$93 advocating that Disney offered a compelling long-term investment opportunity considering the growth, pipeline, diversity of its portfolio, share repurchase program and dividend. The shares sold-off in a meaningful way moving from 2016 highs of $120 per share to the low $90s and remaining at that level for months. This 25% decline in the share price presented a buying opportunity in a great large-cap growth company with strong fundamentals. The fundamentals of Disney were stronger than ever despite the temporary ESPN woes. These ESPN issues were being addressed in a variety of ways via Hulu, BAMTech investment, Vice production deal and Sling TV. Once these issues were arrested and clarity with regard to a path forward in returning to growth in this segment was laid out, I posited that these shares would have tremendous upside. These corrective actions have been in the works with the backdrop of all its other segments reporting record numbers. Continue reading "Analysts' Upgrades For Disney Are A Little Late" →